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H.Res. 195: Know Debt Resolution

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About the resolution

Is the best way for Congress to stem the national debt for them to be constantly visually reminded of it?

Context

The last time the federal government ran a budget surplus was fiscal year 2001. Since then, they’ve run a deficit every single year. Last year, fiscal year 2020, set an all-time deficit record at $3.1 trillion, due to massive COVID-19 relief legislation on top of what was already a nearly trillion-dollar deficit the year prior.

The National Debt Clock is a modern-day New York City landmark, installed in 1989 in Manhattan when the debt was “only” around $3 trillion. In 2008, the clock actually ran out of digits when the national debt exceeded $10 trillion. Today, the national debt stands at nearly triple that amount: $28 trillion ...

Sponsor and status

Chip Roy

Sponsor. Representative for Texas's 21st congressional district. Republican.

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Last Updated: Mar 8, 2021
Length: 3 pages
Introduced
Mar 8, 2021
117th Congress (2021–2023)
Status

Introduced on Mar 8, 2021

This resolution is in the first stage of the legislative process. It was introduced into Congress on March 8, 2021. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.

Cosponsors

7 Cosponsors (6 Republicans, 1 Democrat)

Source

History

Mar 8, 2021
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

If this resolution has further action, the following steps may occur next:
 
Passed Committee

 
Agreed To

H.Res. 195 is a simple resolution in the United States Congress.

A simple resolution is used for matters that affect just one chamber of Congress, often to change the rules of the chamber to set the manner of debate for a related bill. It must be agreed to in the chamber in which it was introduced. It is not voted on in the other chamber and does not have the force of law.

Resolutions numbers restart every two years. That means there are other resolutions with the number H.Res. 195. This is the one from the 117th Congress.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.Res. 195 — 117th Congress: Know Debt Resolution.” www.GovTrack.us. 2021. August 5, 2021 <https://www.govtrack.us/congress/bills/117/hres195>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.